This is the last chance for you to save your license. At the point when you receive this renewal in the mail, your license has been expired for almost one year. Please don't wait until the last minute to send your last chance renewal to the Agency. The deadline is firm. If you miss the deadline, you will lose your license permanently. If you later decide to get back into real estate, you would need to start the licensing process over again, including completing a background check, pre-license education and the license examination. [OAR 863-015-0050(2) and (3)]